Kwik Kar vs Midas
Franchise Comparison 2026
Both Kwik Kar and Midas are automotive franchises. Kwik Kar requires an investment of $291K – $917K while Midas requires $342K – $925K. In terms of revenue, Kwik Kar reports higher average unit revenue at $1.7M. On SBA loan performance, Kwik Kar has a lower charge-off rate (7.7%) compared to Midas (13.3%). FranchiseVerdict rates Kwik Kar B (Above average) and Midas A (Strongest tier).
| Metric | Kwik Kar | Midas |
|---|---|---|
| Verdict Grade | BAbove averageAbove average | AStrongest tierStrongest tier |
| Investment Range | $291K – $917K | $342K – $925K |
| Franchise Fee | $40K | $35K |
| Royalty Rate | 6.0% | 10.0% |
| Average Revenue (Item 19) | $1.7M | $1.2M |
| SBA Charge-Off Rate | 7.7% (43 loans) | 13.3% (451 loans) |
| Total Units | 26 | 975 |
| Unit Growth (YoY) | N/A | N/A |
| Year Began Franchising | 2024 | 1956 |
| FDD Year | 2025 | 2025 |
Investment Range
$291K – $917K
$342K – $925K
Franchise Fee
$40K
$35K
Royalty Rate
6.0%
10.0%
Average Revenue (Item 19)
$1.7M
$1.2M
SBA Charge-Off Rate
7.7% (43 loans)
13.3% (451 loans)
Total Units
26
975
Unit Growth (YoY)
N/A
N/A
Year Began Franchising
2024
1956
FDD Year
2025
2025